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Terminated in academic year 2020/2021

Professional Practice Abroad

Type of study Bachelor
Language of instruction Czech
Code 156-0350/01
Abbreviation OPvZ
Course title Professional Practice Abroad
Credits 10
Coordinating department Department of Applied Economics
Course coordinator prof. Ing. Jaromír Gottvald, CSc.

Subject syllabus

Students have to demonstrate knowledge of profile subjects in field of study Economic Policy:
1. The theoretical basis of economic politicy (liberal vs. interventionist economic policy).
2. Economic policy is applied after the failure of Keynesian economic policy. 3. The definition of economic policy as a scientific discipline.
4. Economic policy targets and their hierarchy.
5. Government versus market failure as the arguments for and against maximizing the state's role in the economy.
6. Economic policy and expectations.
7. The basic concept of economic policy.
8. Fiscal policy and its functions.
9. Monetary policy and its functions.
10. Foreign trade policy and its functions.
11. Supply-side oriented economic policy.
12. Comparison of development of economic policies in selected economically developed countries (Great Britain, France, Germany, USA, Japan, Sweden).
13. Economic Policy of the European Union.
14. Economic policy in the Czech Republic from its inception to the present. A comparison with developments in other transition economies.

Literature

DORNBUSCH, Rudiger Aand Stanley FISCHER: Makroeconomics. McGraw-Hill 4th ed.
ISBN 0-07-100186-7 .
BORJAS, George, J. Labor Economics. 5th ed. New York: MacGraw Hill, 2010. ISBN 978-0-07-017270-8.
BAUMOL Wiliam J. Economic Principles and Policy. 9th edition. South-Westwrn Publ., 2003. ISBN 0030355397

Advised literature

HYLTON, KEIT N.: Antitrust Law: Economic Theory and Common Law Evolution. Cambridge University Press 2003. RASMUSSEN, P.N., DELORS, J.: The New Social Europe. www.pes.org 2007
HAHN, R. W.: Antitrust Policy and Vertical Reestraints. Brooking Institution Press 2006.